Employees of the Securities and Exchange Board of India (SEBI) gathered at the SEBI headquarters on Thursday to protest a statement released by the regulator. The statement, which was released on Wednesday, alleged that SEBI staff were being misled by external forces seeking to damage the institution`s and its executives` reputation, reported ANI. 

According to the report, this protest follows claims that SEBI staff complained to the finance minister last month about a `toxic work culture` within the organisation. Employees stated that the leadership established unrealistic goals and created a hostile working atmosphere.